Pioneer Energy Services Corp. (NYSE:PES) recent gain occurred on high volume with 845813 contracts changing hands on 14-Mar-19. That’s greater from its daily average of 516840 contracts. The first sale was made at $1.75 but later the stock became weaker, and closed with a gain of 5.68%. It was last traded at $1.86 apiece.

Pioneer Energy Services Corp. (PES): Hold Candidate With 27.42% Upside Potential

Pioneer Energy Services Corp. is maintained at an average hold rating by 10 stock analysts, and there are at least 3.98% of shares outstanding that are currently legally short sold. The shares went up by 18.47% in value last month. Year-to-date it jumped 51.22%. Analysts are turning out to be more optimistic than before, with 3 of analysts who cover Pioneer Energy Services Corp. (NYSE:PES) advice adding it to buy candidate list. Wall Street experts also assign a $2.37 price target on Pioneer Energy Services Corp., pointing towards a 27.42% rally from current levels. The stock is trading for about -70.71% less than its 52-week high.

Pioneer Energy Services Corp. Reports -5.71% Sales Growth

Pioneer Energy Services Corp. (PES) remained successful in beating the consensus-estimated -$0.18 as it actually earned -$0.17 per share in its last reported financial results. Revenue, on the other hand, scored -5.71% growth from the previous quarter, coming up with $140.8 million.

PES Adds 12.05% In A Week

This company shares (PES) so far managed to recover 63.16% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 7.85% while widening the period to a month, volatility was 8.62%. The share price has already crossed its 20 days moving average, floating at a distance of 4.41% and sits 12.17% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 12.05% gains and is down by -39.18% compared with its 200-day moving average of $2.3119. Also, Pioneer Energy Services Corp. (PES) needs to overturn a -40.95% decrease it experienced over the past twelve months.

Tenneco Inc. (NYSE:TEN) Consensus Call At 2.9

As regular trading ended, Tenneco Inc. (TEN) stock brought in a -$5.09 drop to $28.1. The day started at a price of $31.95 but then traded as high as $32.275 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.9. Tenneco Inc. is given 1 buy-equivalent recommendations, 0 sells and 5 holds. The company shares sank -53.32% from their peak of $60.2 and now has a $1.62 billion market value of equity.

Tenneco Inc. Could Grow 23.31% More

TEN’s mean recommendation on Reuter’s scale slipped from 2.88 thirty days ago to 2.86 now, which indicates a hold consensus from the analyst community. They see Tenneco Inc. (TEN) price hitting a mean target of $34.65 a share, meaning the stock still has potential that could lift the price another 23.31% . Also, the recent close suggests the stock is underpriced by 53.02% compared to the most bullish target.

Tenneco Inc. (TEN) Returns 2.59% This Year

The company had seen its current volume reaching at 2587312 shares in the last trade. That compares with the recent volume average of 833680. At the close of regular trading, its last week’s stock price volatility was 3.31% which for the month reaches 4.85%. Tenneco Inc. dipped to as low as $27.91 throughout the day and has returned 2.59% in this year. At one point in the past year, the shares traded as low as $25.73 but has recovered 9.21% since then. [T4]